{"id":176351,"date":"2017-05-23T19:00:19","date_gmt":"2017-05-23T17:00:19","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=176351"},"modified":"2017-05-23T17:13:04","modified_gmt":"2017-05-23T15:13:04","slug":"massive-increase-in-people-wanting-to-leave-south-africa-and-the-countries-they-want-to-move-to","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/176351\/massive-increase-in-people-wanting-to-leave-south-africa-and-the-countries-they-want-to-move-to\/","title":{"rendered":"Massive increase in people wanting to leave South Africa – and the countries they want to move to"},"content":{"rendered":"

Arton Capital, which specialises in investor programmes for residency and citizenship, says it has experienced a ‘substantial increase’ in the number of South Africans looking for a <\/span>plan B since president Jacob\u00a0 Zuma’s most recent cabinet reshuffle.<\/span><\/p>\n

“I would say about 200% increase in enquiries,” said Jacques Scherman of Arton Capital, which largely works with affluent people looking to attain second citizenships.<\/p>\n

“Portugal, Dubai, Mauritius, Bulgaria, USA and Grenada are all programmes that South Africans keep asking me about,” Scherman said.<\/p>\n

\u201cThere are many reasons to invest in a second citizenship,\u201d said Scherman, \u201cFrom personal safety to increased global mobility. Economic citizenship overseas opens up a world of possibilities to high net-worth investors.\u201d<\/p>\n

Read: 8 of the cheapest visa-free countries South Africans can visit in 2017<\/a><\/strong><\/p>\n

For South Africans specifically, Scherman said they are looking for an exit strategy\/insurance policy against political instability, better education and prospects for children, crime and threats of violence, and the possibility of Zimbabwe style property expropriation.<\/p>\n

\u201cFor the South African businessperson who would like to diversify their interests and investments beyond our borders, the benefits of having a second passport from a country such as Grenada would be manifold,\u201d said Scherman.<\/p>\n

The financial expert said that travelling on a South African passport currently allows you visa-free entry to 93 countries. Visa requirements change constantly and, for the businessperson who travels frequently, the processes and costs associated with obtaining them are inhibitory.<\/p>\n

“Dual citizenships can also hold many investment and tax advantages, allowing high net-worth individuals to manage their wealth more efficiently and effectively,” he said.<\/p>\n

He noted that Grenada has an E-2 Visa Treaty with the USA, which allows Grenadians to enter, and reside in, the USA after investing in an American business. Grenadians may also travel visa-free to more than 100 countries, including Europe\u2019s Schengen zone.<\/p>\n

One can invest in Grenadian citizenship via a non-refundable donation of around US$200,000, and have a passport in three months if the due diligence investigation doesn\u2019t find any criminal, tax or health issues and the paperwork and funding are in order.<\/p>\n

\n

Read: South Africans are looking for a Plan B option after junk status rating<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Arton Capital says it has experienced a ‘substantial increase’ in the number of South Africans looking for a plan B since president Jacob Zuma’s most recent cabinet reshuffle.<\/p>\n","protected":false},"author":10,"featured_media":94011,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[11095,26],"class_list":["post-176351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-arton-capital","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/176351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=176351"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/176351\/revisions"}],"predecessor-version":[{"id":176363,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/176351\/revisions\/176363"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/94011"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=176351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=176351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=176351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}